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RE: Reason for Crypto Bloodbath

in #news8 years ago

A split would be bad for everyone who owns BTC , I guess thats the reason why the price is going down at the moment . A lot of investors are nervous because of the upcomeing changes. I bought some Litecoin as a insurance , because I think Litecoin will profit the most , if Bitcoin fails.

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I agree that a split would be bad news for holders as it complicates matters and makes crypto less desirable from an outsiders perspective. Having said that the Ethereum split didn't seem to hold it back at all.

yeah but it would take a long time to recover from this . And most important , Bitcoin would lose the market domination to ETH .